URALCHEM, OJSC announces production results for 2010
Moscow – 27 January, 2011 – URALCHEM, OJSC announces production results for 2010. Production volume at all enterprises of URALCHEM Group increased by 10% in 2010 compared to the year 2009 and amounted to the total of 4.861 million tonnes of production. Ammonia production increased by 24%, DAP production - by 446%, MAP – by 842%. The company was able to reach high results due to favourable market conditions and growing demand from Russian and western consumers.
Comparative production figures for URALCHEM Group enterprises:
|
Product |
2010, tonnes |
2009, tonnes |
Change, % |
|
Ammonium nitrate and its derivatives |
2 513 152 |
2 482 887 |
1 |
|
Ammonia |
515 947 |
416 861 |
24 |
|
Urea |
447 650 |
529 250 |
-15 |
|
Complex fertilizers |
588 578 |
586 049 |
0 |
|
DAP |
211 013 |
38 672 |
446 |
|
MAP |
334 205 |
35 460 |
842 |
|
Other mineral fertilizers |
16 900 |
63 501 |
-73 |
|
Other chemical products |
233 845 |
253 703 |
-8 |
|
Total |
4 861 290 |
4 406 382 |
10 |
Dmitry Konyaev, the Chief Executive Officer of URALCHEM, OJSC said: “All enterprises of URALCHEM Group are working at full capacity. In 2010 we reached the volume of 4.86 million tonnes of mineral fertilizers. We intend to increase the production volume every year and reach the volume of 5.5 million tonnes in 2014”.